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Foxconn Seals Manufacturing Deal With Chinese EV Startup Byton

Apple Inc. supplier Foxconn Technology Group signed a strategic cooperation deal with embattled Chinese electric-vehicle startup Byton Ltd. in a transaction that could mark a large bet by the iPhone assembler on the car-making business. The companies, aided by the…

Fiat Chrysler Will Build Jeep, Alfa Romeo EVs In Poland

Fiat Chrysler Automobiles will modernize its Polish plant to build hybrid and electric Jeeps, Fiats and Alfa Romeos. The company plans to start production of the first of three new models at its factory in Tychy in the second half…

Ola To Hire 2,000 To Fuel Electric Venture

Ride-hailing firm Ola aims to double the current headcount of around 2,000 people at its electric vehicle (EV) business in the next six months, said two people aware of the developments, which will potentially make it the largest vertical in…

Volcon ePowersports Invites EV-Sector Investors To Join First All-Electric, Off-Road Vehicle Manufacturer In Public Funding Round

Investors of all kinds will now have the opportunity to join the growing electric-powersports sector with the announcement of Volcon’s new funding round on crowdsourcing-investment platform WeFunder – the largest funding portal by number of investments, investment volume and investor…

India Plans $4.6 Billion In Incentives For Battery Makers In Electric Vehicle Push

India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles and cut down its dependence on oil, according to a government proposal. A proposal…